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Cited by 317

The DOI matches its Crossref record; 68 of the 68 references it cites were found in a registry or an index.

Do Risk Preferences Change? Evidence from the Great East Japan Earthquake

Open access
Hanaoka, Chie, Shigeoka, Hitoshi, Watanabe, Yasutora·2018·American Economic Journal: Applied Economics

Abstract

We investigate whether individuals' risk preferences change after experiencing a natural disaster, specifically, the 2011 Great East Japan Earthquake. Exploiting the panels of nationally representative surveys on risk preferences, we find that men who experienced greater intensity of the earthquake became more risk tolerant a year after the Earthquake. Interestingly, the effects on men's risk preferences are persistent even five years after the Earthquake at almost the same magnitude as those shortly after the Earthquake. Furthermore, these men gamble more, which is consistent with the direction of changes in risk preferences. We find no such pattern for women. (JEL D12, D81, J16, Q54)

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Metadata

Authors
Hanaoka, C., Shigeoka, H., & Watanabe, Y.
Venue
American Economic Journal: Applied Economics
Published
2018-04-01
Volume
10
Issue
2
Pages
298-330
ISSN
  • 1945-7782 (ISSN-L)
  • 1945-7790
OpenAlex
W3122664019
Cited by
317
References
68
FWCI
18.50
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: Do Risk Preferences Change? Evidence from the Great East Japan Earthquake. https://app.cochat.ai/papers/10.1257/app.20170048
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Hanaoka, C., Shigeoka, H., & Watanabe, Y. (2018). Do Risk Preferences Change? Evidence from the Great East Japan Earthquake. American Economic Journal: Applied Economics. https://doi.org/10.1257/app.20170048

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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